* Investment returns for the Wholesale Unit Trusts are gross, before all fees, tax and expenses, and include imputation credits. Returns for periods of less than a year are absolute returns for the relevant period; those of one year or two years are annualized for the period shown. Past performance is not indicative of future results.

The Market Index for this Fund is: MSCI All Country World Index (unhedged).

** Returns for periods less than a year are for the relevant period and not annualised; those of one or two years are annualised for the period shown. Past performance is not indicative of future results.

*** Returns are after tax at the highest prescribed investor rate (PIR) of tax for an individual New Zealand resident. Your tax may be lower.

Important note about performance:

Investment performance can be measured in gross terms, that is before fees and taxes, or after fees or after both fees and taxes. Typically wholesale investors look at returns gross of fees and taxes as it is more appropriate to compare returns relative to benchmarks. In addition fees and taxes may vary from client to client. Retail returns have been calculated in accordance with the FMC Act.